Fitness buff has his career all worked out

The business has grown - he is moving to a 3,500 sq ft spot at Citimac Industrial Complex in a few months, and has 80 to 100 clients. -ST

Money must work for you even when you retire

If the drawdown rate and the rate of return are the same, the principal will be preserved and this can be bequeathed to your beneficiaries upon death. -ST

The 1 thing that can wipe out your savings

It is important that you are prepared for this one situation that can single-handedly cost you your life savings. Find out what it is here. -Advertising feature

1MDB saga: A tale of debt, money trails and allegations

With twists and turns worthy of a thriller, the 1MDB scandal now rocking Malaysia seems unlikely to be unravelled soon, putting the economy on the back foot. -ST

AirAsia to recapitalise Indonesia affiliate to meet equity rule: CEO

AirAsia Indonesia has submitted a plan to boost shareholders' equity ahead of a month-end deadline, Fernandes said at a company event in Kuala Lumpur. -Reuters

How much do I need to retire?

HR practitioner Lim Chiu Mei is a meticulous saver but worries that she may not have enough to fall back on should a debilitating illness strike. -ST

Focus on what makes a company tick

Singapore-based Hugh Young, 57, spent 30 years running Asian equity funds. -ST

Malaysia DPM: Najib should explain 1MDB issue to the people

Muhyiddin said he had been in touch with Tun Dr Mahathir Mohamad and he kept the Cabinet briefed on these meetings. -The Star/ANN

Making money hunting down criminals on the Internet

Start-up cybersecurity companies are catching criminals before they act, by hiring "white hat" hackers-the good guys-to run bug bounty programs and find vulnerabilities in client networks. -CNBC

TPP likely to open bidding for major infrastructure projects

The Trans-Pacific Partnership trade deal is likely to obligate member nations to open up bidding for major infrastructure projects to overseas companies. -The Nation/ANN

Clerk held in 1MDB probe

The despatch clerk is being investigated under Section 16(a) on bribery of the MACC Act. -The Star/ANN

Japan plans measures against death from overwork

The Japan government is planning measures to cope with soaring cases of deaths from overwork, known as karoshi. -The Nation/ANN

Malaysian ringgit hits 17-year low on weak commodities, Fed caution

The ringgit eased 0.1 per cent to 3.8110 per dollar, its weakest since September 1998. -Reuters

Australian dollar struggles, NZD bears take a breather

The Australian dollar was depressed at US$0.7286 (S$1) , not far from US$0.7260 set last week and the weakest level since 2009. -Reuters
 

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Personal Finance

Angel investor was school dropout

Mr Deepak Gurnani quit school at 14 to work to clear his family's debts. From a loan of 500 rupees, he started his first business in his teens. -ST